The price of Bac Giang lychee is at a record-high in Vietnam

Published 2024년 6월 29일

Tridge summary

Bac Giang province is experiencing a significant increase in the price of lychees due to a decrease in production, with prices ranging from 55,000 to 85,000 VND/kg, nearly three times the price from last year. The province, known for its lychee production, harvested over 85,700 tons of the fruit, with the Chinese market consuming 99% of the exports. The revenue from lychee and ancillary services is projected to reach over VND 5,775 billion, with export revenue estimated at 1,392 billion VND. The locality is promoting the consumption of lychee, particularly in tourism, and managing production areas to ensure cleanliness and food safety. The "Luc Ngan lychee" brand of Hong Xuan General Production and Business Service Cooperative has been recognized as a product meeting 5-star OCOP standards.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

According to the Department of Industry and Trade of Bac Giang province, this year's lychee output is low, so traders are going to the gardens to buy them at high prices. "Supply is not enough to meet demand, so Bac Giang lychee has a very good price, fluctuating from 55,000 to 85,000 VND/kg, 3 times higher than last year and the highest level ever," the management agency said. At this time, farmers in Luc Ngan district are harvesting the remainder of the main lychee crop area. This is the locality with the largest total lychee output in the province, consuming nearly 53,000 tons of lychee as of June 24. In the whole province, consumption output reached more than 85,700 tons, including more than 47,600 tons of early-ripening lychees and 38,100 tons of main-season lychees. The Department of Industry and Trade said that the province's lychees are consumed favorably in both the domestic and export markets, of which export output reached more than 24,700 tons, accounting for over ...

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